Business
Immigration levels a factor in sluggish wages growth: RBA Governor – The Age
Philip Lowe has argued high immigration levels have been a factor in Australia’s slow wages growth but warns wages won’t lift…
While migrants generated economic demand that supported the country, Dr Lowe said they also increased the supply of potential workers that was feeding into lower wage growth.
In conceptual terms, one can think of this ability to tap into the global labour…
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